Matthew Wright
San Francisco- Multiunit building- legalizing 3rd unit
Hi BP members, I have a building in San Francisco that is classified as a 2 unit building, in reality it is x3 apartments, the ground floor work was done prior to acquisition and not permitted. I do not want to turn i...
Kelsey Erickson
Frisco TX Legal Questions
I'm new to real estate investing and just finished "The Book on Flipping Houses" and "E-Myth Revisited"....awesome! I'm assembling my team and building out my organizational chart for flipping houses. I'm in need of l...
Khang Nguyen
The "A" in BARRR strategy with existing tenant
Hi BP,I purchased a property this past year that had an existing tenant that was month-to-month. As part of the purchase agreement, the tenant's lease agreement ended 2 days after our closing date. After the tenant ...
Chris Seveney
To foreclose or not to foreclose
With the GSE's postponing foreclosure actions till August 31st, I was curious to investors out there who own loans that were not GSE loans if they are moving forward with FC (where they can) or following GSE guideline...
Ryan B.
Notes on Properties In Rural Areas
Hi there.I am still a newer investor when it comes to the note space, but I have come across a situation where I am curious to get input from more seasoned investors. Do you ever consider the location of the property ...
Darren Eady
Passive real estate investing made super easy!
No tenants, toilets or trouble. Some investors are active and some are passive. I personally enjoy buying mortgage notes / trust deeds and holding the paper instead of the property as a passive investor. Acting as ...
Andy Mirza
Advancing Escrow for NPNs
This is similar to another post about advancing property taxes for NPNs with a few differences.We will make advances for escrow accounts for owner occupied loans, in which the borrower may file Ch 13 Bankruptcy. Keepi...
Alexander Knox
STR Favorite Metrics?
What are everyone's favorite metrics to look at for their Airbnb/STR's? I am happy with my business but more curious if there are any I am overlooking! Happy to hear everyone's!
Ann Howell
Value in an LLC to buy notes for myself?
Hi all - I am interested in buying a notes for myself with my own money in order to hold them for cash flow. I will likely start with first lien, performing notes. Over time, I might tackle non-performing firsts or ...
Taj Hayden
Real Estate Assistant - Bonus Pay
Hi All,I'm trying to determine a typical bonus structure for a RE Assistant (paid hourly). This is not to be confused with a Transaction Coordinator. There is a slight nuance to this situation however: the assistant...